PRE-MARKET TAIWAN AND SINGAPORE STOCK NEWS: Hon Hai (2317 TT) - Co. is to spend nearly USD 6bln into a smartphone plant and other investments in China’s Nanjing City

TAIWAN

Egis Technology (6462 TT)
- Samsung Electronics (005930 KS) is said to be testing fingerprint recognition supply from Goodix, which could negatively impact orders from Egis for the Samsung J-series beginning next year. (Newswires)

Hon Hai (2317 TT)
- Co. is to spend nearly USD 6bln into a smartphone plant and other investments in China’s Nanjing City. (Nikkei)

MediaTek (2454 TT)
- Co. receives base station chip orders from Cisco (CSCO). (Newswires)

Tech
- Apple releases helped bolster combined sales of 19 Taiwanese tech firms monitored by Nikkei to over USD 29bln in August, which was an increase of 4.3% Y/Y. (Nikkei)
- Taiwan’s integrated circuit sector is expected to grow 3.5% Y/Y this year, according to the Deputy Minister of Economic Affairs. (Focus Taiwan)

 

SINGAPORE

- No notable stock news.

14 Sep 2017 - 01:38- Research Sheet- Source: Newswires

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